Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: Variational Omni against Binance−0.223%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.223% cheaper against Binance than usual: you would sell low and buy high, −$22 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HIMSUSDT	29.046	0	get 0.0000% / 8h	7h 18m	$956K	$2.9M	20x
Short	Variational Omni HIMS	28.981	0	get 0.0000% / 8h	7h 18m	$96K	$76K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now −0.223%Rate

Funding earned: $0
Price spread: −0.223% → 0.000%: −$22.3
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$32.3
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 1 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 1 min ago	1.72 bp	6.7 bp −$7	37.8 bp −$378	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HIMS on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado HIMS-PERP	−0.0134%	1h	29.052	+0.022%	$2K	$2K	10x	as long as short
QFEX HIMS-USD	−0.0008%	1h	29.050	+0.015%	$1.3M	$556K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.035	−0.035%	$4K	$2K	20x	as long as short
Binance HIMSUSDTlong	0.0000%	8h	29.046	long leg	$956K	$2.9M	20x
Bybit HIMSUSDT	0.0000%	8h	29.040	−0.019%	$289K	$139K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.050	+0.015%	$279K	$128K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.022	−0.081%	$501K	$216K	25x	as long as short
Variational Omni HIMSshort	0.0000%	8h	28.981	−0.223%	$96K	$76K	—
SunX HIMS-USDT	0.0000%	8h	29.039	−0.023%	—	$2.2M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.083	+0.129%	$7K	$39K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HIMS-USD-PERP	+0.0046%	1h	29.010	−0.122%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.055	+0.033%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.030	−0.054%	$133K	$115K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.410	+1.255%	$13K	$22K	5.5x	as long as short